Web-based options research platform for scanning watchlists, comparing contracts and modeling strategies
Build, test, and automate your trading plan
Stage
Not given
Not given
Founded
Not given
Not given
Based in
Not given
US
Pricing model
Paid
Not given
Pricing
Visualizer: $10 USD/month or $100 USD/year; Pro: $30 USD/month or $300 USD/year; All Access: $50 USD/month or $500 USD/year. Seven-day All Access trial available with card required.
Pro plan: $99/month (annual billing) or $149/month (monthly billing). Free plans available with qualifying accounts on TradeStation ($10k minimum balance), Tradier ($5k minimum balance), or tastytrade ($5k minimum balance). All plans include 50 bots, $100k limit per bot, and unlimited backtesting. 3
Key features
Live options strategy visualizer with payoff modeling across price and time
Options Yield Matrix for comparing contracts by monthly yield, breakeven and probability
Short Options Scanner for cash-secured puts and covered calls
Advanced Strategy Scanner for multi-leg option structures
Auto-calibration to update strike targets based on market levels
Trade journal with thesis, fills, adjustments, rolls and outcome tracking
AI Analyst for questioning assumptions and comparing setups
Live ThetaData market data with streaming updates
Portfolio view with profitability and campaign history
Learning Hub with lessons on strategies and risk management
Automated bot execution with entry and exit rules
Trade Ideas ranked by expected value (EV)
Paper trading for risk-free strategy testing
SmartPricing technology for optimized trade pricing
Support for multiple automations per bot
What makes it different
Connected workflow from watchlist scanning through trade completion in one platform instead of multiple disconnected tools
Monthly Yield % metric that standardizes returns across different expiries and strikes for easier comparison
Auto-calibration to keep strike targets current with market positioning instead of manual updates
Built by a trader for traders, starting with one core problem to solve
Removes emotion from trading through automated strategy execution
Commission-free trading through broker partnerships
Supports international traders across 120+ countries
Not a broker or RIA, only a software service provider with no commission charges
Option Alpha